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20130113
20130121
STATION
CNBC 2
KCSM (PBS) 1
LINKTV 1
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Search Results 0 to 4 of about 5 (some duplicates have been removed)
KCSMMHZ
Jan 15, 2013 2:30pm PST
year despite a weaker environment, and that has given exports a boost. >> exports are the backbone of the german economy. they continued to grow last year, albeit at a slower rate. companies are proceeding with caution. they are cutting investment amid uncertainty about what the new year will hold, especially for the eurozone. in 2011, the german economy grew by 3%. that figure dropped to 0.7% last year. the economy even contracted in the final quarter. the government is poised to cut its own forecast for 2013 to just 0.5%. that is unlikely to have an immediate impact on the jobs market. the unemployment rate is expected to see just a small rise this year. >> for, let's cross over to a frankfurt -- to frankfurt. not necessarily the greatest news for those without a job, but there was good news for the german tax man. >> absolutely. the government has been able to reach its budget plans earlier than expected. the new debt load has been lower than expected, and this has been very good news, although the government also lowered its forecast for the economy, but here at the financial m
CNBC
Jan 17, 2013 4:00am EST
in this interest rate environment has been a boom in the past couple of years. those are going to expire at some point. with interest rates where they are, it's difficult for the banks on margin. there's no question the banking system is much stronger, earning better and is has much higher capital and liquidity than it's had probably forever almost. >> you know, well, that's quite a statement because there's a lot of people who would still say banks shouldn't necessarily be turning around and handing capital back to shareholderses. would you agree that given the improvements we've made, it's time for them to be allowed to go forward? >> i think that the banks have accumulated so much capital and that they really don't have a good use for it in light of the lack of qualified loan demand. i'm not saying lack of loan demand because there's a lot of loan demand. but the credit standards are much higher and you don't have much to do with the capital. so you have to give it back if you don't need it. i'm talking about toous banks. it's not true around the world. the u.s. banks have very high capital r
CNBC
Jan 18, 2013 4:00am EST
and everything because that is the environment when the i.t. budgets are much flatter. so from that point, we were looking quite good so far as we get into the next year. >> and last question, what do you think this company will look like in calm of years time? it's been through so many transformations, changing business over the years. is this going to be a company that is still heavily focused on i.t. services as you divest some of the other parts of the business? what do you think this will actually look like in, say, 2015? >> clearly, you've been clearly focused on i.t. services, we had the demerger announcement last quarter and we are progressing very well. so as we exhibit this for the calendar or near or on that, we should be able to be done in terms of activity. which means if we're limited now, it will contain only the products and services in the geography. services are globally. it will focus more and more in terms of momentum as we identify with the life sciences, energy, natural resources, liquidities all in terms of fm services or retail and goods. and a deal supported by the pr
Search Results 0 to 4 of about 5 (some duplicates have been removed)